Credit Suisse Group set a €16.00 ($18.60) price target on Orange (EPA:ORA) in a report issued on Friday morning, Borsen Zeitung reports. The firm currently has a buy rating on the stock.
Several other equities research analysts also recently issued reports on ORA. Goldman Sachs Group set a €18.30 ($21.28) price target on Orange and gave the stock a buy rating in a report on Thursday, July 25th. Deutsche Bank set a €17.00 ($19.77) price objective on Orange and gave the stock a buy rating in a report on Monday, July 29th. Barclays set a €16.00 ($18.60) price objective on Orange and gave the stock a neutral rating in a report on Thursday, July 11th. Jefferies Financial Group set a €16.50 ($19.19) price objective on Orange and gave the stock a buy rating in a report on Thursday, July 25th. Finally, Berenberg Bank set a €16.80 ($19.53) price objective on Orange and gave the stock a buy rating in a report on Monday, September 2nd. Five analysts have rated the stock with a hold rating and nine have given a buy rating to the company. The stock presently has an average rating of Buy and an average price target of €16.36 ($19.02).
Shares of Orange stock opened at €13.87 ($16.13) on Friday. Orange has a 1 year low of €13.31 ($15.48) and a 1 year high of €15.80 ($18.37). The stock has a 50-day simple moving average of €13.46.
Orange SA provides a range of fixed telephony and mobile telecommunications, data transmission, and other value-added services to consumers, businesses, and other telecommunications operators in Europe, Africa, and the Middle East. The company offers mobile services, such as voice, SMS, and data; fixed broadband and narrowband services, as well as fixed network business solutions, including voice and data; and convergence packages.
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